Koshinski Asset Management Inc. Has $1.30 Million Position in iShares U.S. Utilities ETF (NYSEARCA:IDU)

Koshinski Asset Management Inc. increased its stake in iShares U.S. Utilities ETF (NYSEARCA:IDU) by 20.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 13,521 shares of the company’s stock after acquiring an additional 2,339 shares during the period. Koshinski Asset Management Inc.’s holdings in iShares U.S. Utilities ETF were worth $1,301,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Stifel Financial Corp boosted its stake in iShares U.S. Utilities ETF by 30.1% in the third quarter. Stifel Financial Corp now owns 9,093 shares of the company’s stock valued at $928,000 after acquiring an additional 2,103 shares during the last quarter. Creative Planning acquired a new position in shares of iShares U.S. Utilities ETF in the 3rd quarter valued at approximately $349,000. Raymond James & Associates raised its holdings in shares of iShares U.S. Utilities ETF by 28.5% during the third quarter. Raymond James & Associates now owns 25,068 shares of the company’s stock worth $2,557,000 after acquiring an additional 5,560 shares during the period. Keystone Wealth Services LLC acquired a new position in shares of iShares U.S. Utilities ETF during the third quarter worth about $216,000. Finally, Gimbal Financial acquired a new position in iShares U.S. Utilities ETF during the 3rd quarter worth approximately $7,957,000.

iShares U.S. Utilities ETF Price Performance

iShares U.S. Utilities ETF stock opened at $101.64 on Wednesday. The firm has a 50-day moving average of $99.48 and a 200-day moving average of $98.05. The company has a market cap of $1.09 billion, a price-to-earnings ratio of 25.14 and a beta of 0.48. iShares U.S. Utilities ETF has a one year low of $75.93 and a one year high of $106.16.

iShares U.S. Utilities ETF Company Profile

iShares U.S. Utilities ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the Dow Jones U.S. Utilities Index (the Underlying Index). The Underlying Index measures the performance of the utilities sector of the United States equity market.